M&A Deal Summary

LLR Partners Acquires Quantum Workplace

On January 11, 2022, private equity firm LLR Partners acquired software company Quantum Workplace from McCarthy Partners Management

Acquisition Highlights
  • This is LLR Partners’ 22nd transaction in the Software sector.
  • This is LLR Partners’ 109th transaction in the United States.
  • This is LLR Partners’ 1st transaction in Nebraska.

M&A Deal Summary
Date 2022-01-11
Target Quantum Workplace
Sector Software
Buyer(s) LLR Partners
Sellers(s) McCarthy Partners Management
Deal Type Secondary Buyout

Target

Quantum Workplace

Omaha, Nebraska, United States
website
Quantum Workplace provides an all-in-one employee engagement software that makes managers the central drivers of workplace culture. Quantum Workplace’s technology gives team leaders direct access to employee feedback and curated insights. Quantum Workplace’s comprehensive platform includes employee surveys, goal tracking, feedback management, one-on-one conversations, peer recognition, and exit evaluations. Quantum Workplace is based in Omaha, Nebraska.

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Buyer(S) 1

Buyer

LLR Partners

Philadelphia, Pennsylvania, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1999
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $15 to $100 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 110 of 117
Sector (Software) 22 of 25
Type (Secondary Buyout) 13 of 15
State (Nebraska) 1 of 1
Country (United States) 109 of 116
Year (2022) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 CompoSecure

Somerset, New Jersey, United States

CompoSecure is a pioneer and category leader in premium payment cards and an emergent provider of cryptocurrency and digital asset storage and security solutions. The company focuses on serving the affluent customers of payment card issuers worldwide using proprietary production methods that meet the highest standards of quality and security. CompoSecure was founded in 1910 and is based in Somerset, New Jersey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-13 RealTime

San Antonio, Texas, United States

RealTime is a provider of cloud-based software solutions for the clinical research industry. Their complete Site Operations Management System (SOMS) enables research sites perform higher through solutions including the RealTime Clinical Trial Management System (CTMS), regulatory document management, electronic data capture for source documents, patient payments facilitation and patient communication tools.

Buy -

Seller(S) 1

SELLER

McCarthy Partners Management

Omaha, Nebraska, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1986
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

McCarthy Capital is a private equity firm that seeks to invest in mid-to-late-stage companies. The firm looks for companies with revenue of at least $15 million and $3 million in operating profits. McCarthy will consider companies across a broad range of industries possessing significant growth opportunities through participation in growing markets, market share expansion, industry consolidation or innovative business strategies. McCarthy prefers to invest in the range of $5 and $125 million, and will take a minority or majority ownership stake in companies where management has material capital at risk. McCarthy Capital was founded in 1986 and is based in Omaha, Nebraska.

DEAL STATS #
Overall 23 of 24
Sector (Software) 4 of 5
Type (Secondary Buyout) 7 of 7
State (Nebraska) 8 of 8
Country (United States) 23 of 24
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 SAFE Boats

Bremerton, Washington, United States

SAFE Boats designs and builds highly reliable and extremely durable vessels that help keep military, law enforcement and fire professionals safe as they carry out their duties, protect citizens and work to save lives. SAFE Boats was founded in 1996 and is based in Bremerton, Washington.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-18 Blue Sky eLearn

San Diego, California, United States

Blue Sky eLearn is a provider of a software-as-a-service learning management system and virtual events platform to associations and life sciences companies. Blue Sky’s platform enables its client base to deliver increased value for their members and, in turn, deliver on foundational aspects of Blue Sky’s purpose education and training. Blue Sky eLearn was founded in 2002 and is based in San Diego, California.

Buy -
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